How is DeFi re-defining finance technology

Decentralised Finance or DeFi is a  paradigm shift in FinTech. Currently, the DeFi industry is growing widely with more than $8.91 bn worth of assets locked up in DeFi projects. Decentralised Finance is a borderless, open alternative to every financial service like insurance, loans, trading, savings accounts, and much more. The decentralised applications or dApps enable financial systems to operate without any central authority like outdated financial systems.

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